"writing should be astute after the word "consent"

in that Clause.

They would also remark that the

16th Clause, relating to "Advances", does not appear to them sufficient to provide for the restriction laid down in the 10th Clause of the "Regulations and Conditions for the observance of which Provision should be made in Charter or Legislative Enactment relating to the incorporation of Banking Companies in the Colony", and

that there would be no

provision in the

ordinance similar to that in the 12th Clause

of

those Regulations.

Copy to Gov. to peruse & approve the Ordinance subject to the alterations herein suggested being made.

Your obedient Servant,

MINUTE 20

Hongkong, 10978

Mar Donnell

C.A.

N.P.

87.

297.

Anal

Entu

Mar

353

24/20/5

I have the honour to acknowledge receipt of your despatch

20100 of the 24 Aug

12

23.

24

Enclosing

a copy of a figure

the Ordinance entitled

571866

"An Ordinance for the incorporation of

Banking Companies in Hongkong

The usual

That Ordinance was referred for the

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